Press release
The market has spoken and marginal alternate crypto coins are not the winners for Future.Travel
Online travel portal Future.Travel has removed the ability for customers to utilise the alternate coins, ETH, LTC, BCH for payment as online sales volumes of the alternate coins could not keep pace with Bitcoin or Bitcoin Lightning payments.
David Watson, General Director at Future.Travel stated that a combination factors lead to the demise of the alternate crypto currencies. “The 3 currencies were never mainstream retail transactional currencies for us. The volumes passing through the system and from consumers feedback indicated that the alt coins were not seen for being used in everyday transactions and, in many cases, were just being used to ‘empty’ old investment positions in the coins. Currently we see Bitcoin Lightning payments continuing to grow in regular use as well as on-chain Bitcoin transactions. Literally after a few years of availability to retail consumers, the market has spoken and the alternate coins were not being selected for use as a ‘daily currency’ for us. ”
Future.Travel had been using Bitcoinvn.io for merchant processing of the alternate coins and currently uses NeutronPay.com for its Lightning network transactional merchant processing.
Future.Travel
15/6 Le Van Huan
Tan Binh District
Ho Chi Minh City, Vietnam 70000
Pham Thi Hue
Asia based Future.Travel is a full service online ticketing agency with Airline, Train, Cruise, and Hotel offerings. They have been accepting crypto currencies as a form of payment for 8 years.
Future.Travel is a trading name used by Industry Travel Asia – Blue Ocean Trading and Consulting Company Ltd, a limited liability company based in Ho Chi Minh City, Vietnam. They are internationally registered ticketing agents with IATA registry number 37 3023 70.
David Watson, General Director at Future.Travel stated that a combination factors lead to the demise of the alternate crypto currencies. “The 3 currencies were never mainstream retail transactional currencies for us. The volumes passing through the system and from consumers feedback indicated that the alt coins were not seen for being used in everyday transactions and, in many cases, were just being used to ‘empty’ old investment positions in the coins. Currently we see Bitcoin Lightning payments continuing to grow in regular use as well as on-chain Bitcoin transactions. Literally after a few years of availability to retail consumers, the market has spoken and the alternate coins were not being selected for use as a ‘daily currency’ for us. ”
Future.Travel had been using Bitcoinvn.io for merchant processing of the alternate coins and currently uses NeutronPay.com for its Lightning network transactional merchant processing.
Future.Travel
15/6 Le Van Huan
Tan Binh District
Ho Chi Minh City, Vietnam 70000
Pham Thi Hue
Asia based Future.Travel is a full service online ticketing agency with Airline, Train, Cruise, and Hotel offerings. They have been accepting crypto currencies as a form of payment for 8 years.
Future.Travel is a trading name used by Industry Travel Asia – Blue Ocean Trading and Consulting Company Ltd, a limited liability company based in Ho Chi Minh City, Vietnam. They are internationally registered ticketing agents with IATA registry number 37 3023 70.
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